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News

Shan Foods achieves grade AA BRC rating for 3rd consecutive year

By editor
December 20, 2022 UTC
in :  Business & Finance, News

Maintaining its excellence in quality & food safety, Shan Foods has achieved the ‘AA’ grade rating for the third year in a row in the Brand Reputation Compliances Global Standard  (BRCGS) re-certification audit, becoming the first spice company in Pakistan to achieve ‘AA’ rating consecutively 3rd time. Apart of being certified on BRC Food Standard, Shan Foods holds certifications which are recognized …

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Crypto assets can generate over $100 billion in Pakistan by the next 20 years

By editor
December 20, 2022 UTC
in :  Business & Finance, News

The potential of crypto assets in Pakistan can generate over $100 billion in total income for technology talent over the next twenty years, contributing significantly to the national economy. The last few months have exponentially increased societal, investor, and policy interest in crypto, blockchain, and Web 3.0 technologies because Pakistan ranks third in terms of crypto adoption in the Chainalysis …

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Globe Residency REIT raises PKR 388 million

By editor
December 20, 2022 UTC
in :  Business & Finance, News

Javedan Corporation Limited has received a subscription of PKR 387,945,000 from the general public through a two-day offer for sale process. The offer for sale was over-subscribed by 2.77 times. GRR is a closed ended, Developmental REIT Scheme with a limited life of 48 months offering investors the opportunity to become an investor in the Globe Residency apartments project at Naya Nazimabad. 14 …

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Noura Al Kaabi opens the first session of Arabic Language Summit

By editor
December 20, 2022 UTC
in :  News

Her Excellency Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, inaugurated the first edition of the Arabic Language Summit on Tuesday, December 20, 2022. Organised by the Ministry of Culture and Youth in cooperation with the Abu Dhabi Arabic Language Centre (ALC) the two-day Summit is being held at Manarat Al Saadiyat in Abu Dhabi, under the patronage of …

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Upsurge in capital demand expected to further fuel strong interim performance of Saudi banks: KPMG

By editor
December 20, 2022 UTC
in :  Business & Finance, News

RIYADH: Banks in Saudi Arabia are expected to continue to prioritise their liquidity demands for the coming year despite enhanced earnings, through focusing on raising Tier I capital in the form of debt issuances, notably Sukuk, according to KPMG, a leading provider of audit, tax and advisory services in Saudi Arabia. In the first nine months of 2022, issuances of …

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Dubai Chambers connects Canadian Food and Beverage Trade Mission to Local Market

By editor
December 20, 2022 UTC
in :  Business & Finance, News

Dubai Chambers has hosted a Canadian food and beverage trade mission for a B2B business matching event at its headquarters in Dubai. The event aimed at connecting Canadian food and beverage companies, with representatives from Dubai’s food and beverage industry. In attendance were Mohammad Ali Rashed Lootah, President & CEO of Dubai Chambers, and H.E. Radha Krishna Panday, Ambassador of …

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etisalat by e& partners with VMware to enhance its SD-WAN and SASE offerings

By editor
December 20, 2022 UTC
in :  Business & Finance, News

Etisalat UAE, branded as etisalat by e&, today announced a partnership with VMware to expand and enhance its Software-Defined Wide Area Network (SD-WAN) and Secure Access Service Edge (SASE) services for its business customers in the UAE.   The partnership will enable etisalat by e&’s public and private sector customers to strengthen their networks without the need for costly physical infrastructure, and …

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ne’ma signs MoU with “HeroGo

By editor
December 20, 2022 UTC
in :  Business & Finance, News

ne’ma, The National Food Loss and Waste Initiative in UAE, signs a memorandum of understanding with “HeroGo”, the first grocery delivery company that is dedicated to revising the current grocery ecosystem where one-third of food grown globally is wasted. This partnership paves the way for attaining ne’ma’s strategic objective of halving food waste by 50% by 2030, in line with …

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KEZAD Group signs lease agreement with Euro Auctions ME

By editor
December 19, 2022 UTC
in :  Business & Finance, News

Khalifa Economic Zones Abu Dhabi – KEZAD Group, the integrated trade, logistics, and industrial hub of Abu Dhabi, has signed a lease agreement with Euro Auctions Middle East, a subsidiary of the Euro Auctions Group, to establish its largest auction house in the region for industrial plant, construction equipment and agricultural machinery. Under the agreement, Euro Auctions Middle East will …

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flydubai celebrates Argentina national football team’s World Cup victory with two special liveries

By editor
December 19, 2022 UTC
in :  Business & Finance, News, Sport, Travel

flydubai, the Dubai-based airline, has unveiled a special livery on two of its Boeing 737 MAX 8 aircraft to celebrate the Argentina national football team’s victory in the final of the World Cup 2022. As the regional partner for the Argentine Football Association (AFA), flydubai carried the champions from Abu Dhabi to Doha after they concluded their training on 18 …

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The UAE Banking and Financial Sector is Resilient, Strong, Stable, and Well-Positioned to Navigate Regional Developments

editor
March 5, 2026 UTC

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